The broad themes outlined at the beginning of the year – the evolving nature of the pandemic, central bankers’ balancing act and historically high inflation remain the prevailing themes, along with the rising probability of recession, these themes will likely drive capital markets volatility throughout the second half of the year.
Growing concerns of a global economic slowdown are materializing as investors wait to see if the Fed will have to tip the economy into recession to get inflation under control: we expect elevated market volatility to persist.
Please join our team for an update call to review market performance year-to-date, discuss some of the factors influencing markets and our thoughts going forward. The first five months of 2022 have not been easy to navigate. Continuous uncertainty after two-years of ambiguity is testing the markets. Inflation, labor shortages and supply disruptions related to the pandemic and Russia’s invasion of Ukraine are impacting the economy. Markets are being tested to balance these uncertainties while the Fed lifted their benchmark rate and has signaled more increases are likely to follow. Fiducient Advisors serves as a strategic investment research partner for U.S. Capital Wealth Advisors. Fiducient Deputy CIO, Brad Long, will provide clients with a timely update. Please reach out to your Financial Advisor with any questions.
This article will help your clients understand the basics of an estate strategy and what needs to be included.
In April, the Consumer Price Index (CPI) slowed to 8.2% year-over-year, coming down from 8.5% in March. Even though the majority of price increase are coming from energy and food, considered the more volatile parts of inflation, the Federal Reserve (Fed) acknowledged a need to regain control of prices.
May is Older Americans Month! Celebrate the healthy way with these tips for your mind, body, and finances. How are you taking care of yourself this month?
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